Does Wells Fargo pay their employees well?

According to anonymously submitted Glassdoor reviews, Wells Fargo employees rate their compensation and benefits as 3.7 out of 5. Find out more about salaries and benefits at Wells Fargo. This rating has decreased by 1% over the last 12 months.

How satisfied are employees working at Wells Fargo?

58% of Wells Fargo employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Wells Fargo 3.6 out of 5 for work life balance, 3.3 for culture and values and 3.3 for career opportunities.

What are the top reviewed jobs at Wells Fargo?

Teller (2895) , Personal Banker (2418) , Bank Teller (2324) , Senior Software Engineer (862) , Software Engineer (807) , Lead Teller (797) , Personal Banker I (768) , Customer Service Representative (601) , Branch Manager (489) , Financial Analyst (471) , Analyst (452) , Service Manager (447) , Vice President (402) , Home Mortgage Consultant (353) , Personal Banker I (SAFE) (304)

What are the pros of working at Wells Fargo according to real employee reviews?

"The benefits are great and the people make it a joy to come to work each day." ((in 6379 reviews)); "Good pay and that's all i can really think of other than that it's pretty bad to work here" ((in 3252 reviews)); "Work life balance is good but it usually depends on what group you work in." ((in 3206 reviews)); "Deal flow is decent and the majority of the people you work with are great." ((in 2225 reviews)); "The culture is great very collaborative with people who are eager to help when they’re needed." ((in 1391 reviews))

What are the cons of working at Wells Fargo according to real employee reviews?

"Poor management; each branch operates very differently depending on the branch manager (no consistency)" ((in 2619 reviews)); "I had very good and very bad managers while I worked there." ((in 1372 reviews)); "Poor leadership from the top very top heavy and no mid level management support any longer" ((in 541 reviews)); "Long hours and long nights" ((in 465 reviews)); "Lots of layoffs and on the banking side you are forced to reapply for the job you currently have." ((in 445 reviews))

What are employees saying about Wells Fargo layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about Wells Fargo layoffs and their outlook for job security at Wells Fargo in 2026.

Wells Fargo reviews

Compare reviews

3.5

58% would recommend to a friend

(54,304 total reviews)

Charlie Scharf

62% approve of CEO

55% positive business outlook

Ratings by category

3.8

Diversity & inclusion

3.7

Compensation and benefits

3.6

Work/Life balance

3.3

Culture & values

3.3

Career opportunities

2.9

Senior management

Wells Fargo has an employee rating of 3.5 out of 5 stars, based on 54,304 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Wells Fargo employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzen industry (3.7 stars).

Ratings by demographic groups

Race / Ethnicity

Gender

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Disability

Parent or family caregiver

Veteran status

Reviews by job title

54K reviews

1.0

Oct 25, 2024

Absolutely the worst company I’ve ever worked for

Personal banker

Recommend

CEO approval

Business Outlook

Pros

They can’t give you any sales goals because of previous lawsuits. You work in AC. Job is easy and someone with a double digit IQ can do it.

Cons

The hours end up being way longer than 9-5. They have so many mandatory meetings, that could have been emails, first thing in the morning. Management and above seems like they are cashing in on all of their employees, while everyone else was struggling to survive and many people had multiple jobs. All the extra bonuses you could get as a personal banker were based on customer satisfaction scores that were across the entire branch, which included teller line. So if the teller line got negative scores you would not be getting a bonus, even if it had nothing to do with you. Wells Fargo did this kind of thing to make sure they paid everyone as little money as possible.

1.0

May 19, 2024

Glorified Sales Job

Personal banker

Recommend

CEO approval

Business Outlook

Pros

I have some great coworkers to commiserate with.

Cons

As a Personal Banker the pay is insulting. It's one dollar more than what the Tellers make, but one hundred times the work. You will be a banker, a teller, a notary and an LMO. You will also be expected to do lobby engagement even when nobody is in the lobby. You will also be assigned multiple control tasks every month that add additional work. It feels like I'm doing 5 jobs but only getting paid for one. It's unbelievably stressful and overwhelming every single day. Customers treat you like dirt on a daily basis. And management will push you to meet "goals" which is just another term for sales. I don't think many people understand how much of a sales job this really is. I certainly didn't. You're also expected to make outreach calls to customers every single day. Sales. Sales. Sales. I absolutely dread going into work and feel absolutely defeated by the end of day. Horrible way to live.

3.0

Mar 25, 2024